The Home-Employment Effect of Transnational Corporations FDI: the Case of China
The current extensive literature on the home-country employment effect of FDI focuses almost exclusively on the investments from developed countries. In this paper the authors analyze the home-country employment effect in China, a country that has emerged as an important emerging economy increasingly integrated into the global economy. This study investigates the long-run relationships between outward FDI and employment in China. Johansens (1988) cointegration technique and Toda and Yamamotos (1995) Granger causality tests are applied to data for the period from 1982 to 2007. The results indicate that outward FDI from China had a positive impact on home-country employment growth, especially in tertiary industry. These results also imply that the logic of the outward investments from low-cost transitional and developing economies differs from that from highincome countries.
Huiqun Liu Jinyong Lu
Tianjin University of Commerce, Tianjin, China University of International Business and Economics, Beijing, China
国际会议
2011 Academy for Global Business Advancement(AGBAs)8th World Congress(全球商务发展学会第八届国际会议)
大连
英文
423-433
2011-09-15（万方平台首次上网日期，不代表论文的发表时间）